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Bitcoin Price Target for April Stands at $86K: Analyst Says


Apr, 08, 2024
< 1 min read
by CoinEdition
Bitcoin Price Target for April Stands at $86K: Analyst Says
  • Bitcoin price is set to break out towards $86,000, as per analyst Adrian Zidanic.
  • The analyst highlighted a bullish ascending triangle forming in Bitcoin’s chart.
  • With the upcoming halving, BTC can move up to $100,000.

Bitcoin’s price remains relatively stable, hovering between $68,000 and $71,000, despite touching the $70,000 mark again recently. Amid this sideways movement, analysts remain optimistic, citing bullish indicators that suggest a potential breakout on the horizon.

Adrian Zidanic, a respected analyst and part of the Crypt BB analyst group, has highlighted a bullish ascending triangle forming in Bitcoin’s chart during this period of consolidation at the “Thinking Crypto” podcast.

Zidanic anticipates a breakout soon, with a target price of $86,500. While acknowledging the possibility of unforeseen market movements, Zidanic’s analysis points to a higher probability of a bullish scenario playing out.

“Bitcoin is grinding sideways and it could break out of this bullish ascending triangle and head up to that $86,000 target or higher. I think it could go to $90,000. I have a range of $85,000 to $90,000. I hope it goes higher. I hope it can t…

The post Bitcoin Price Target for April Stands at $86K: Analyst Says appeared first on Coin Edition.

Read the article at CoinEdition

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Bitcoin Price Target for April Stands at $86K: Analyst Says


Apr, 08, 2024
< 1 min read
by CoinEdition
Bitcoin Price Target for April Stands at $86K: Analyst Says
  • Bitcoin price is set to break out towards $86,000, as per analyst Adrian Zidanic.
  • The analyst highlighted a bullish ascending triangle forming in Bitcoin’s chart.
  • With the upcoming halving, BTC can move up to $100,000.

Bitcoin’s price remains relatively stable, hovering between $68,000 and $71,000, despite touching the $70,000 mark again recently. Amid this sideways movement, analysts remain optimistic, citing bullish indicators that suggest a potential breakout on the horizon.

Adrian Zidanic, a respected analyst and part of the Crypt BB analyst group, has highlighted a bullish ascending triangle forming in Bitcoin’s chart during this period of consolidation at the “Thinking Crypto” podcast.

Zidanic anticipates a breakout soon, with a target price of $86,500. While acknowledging the possibility of unforeseen market movements, Zidanic’s analysis points to a higher probability of a bullish scenario playing out.

“Bitcoin is grinding sideways and it could break out of this bullish ascending triangle and head up to that $86,000 target or higher. I think it could go to $90,000. I have a range of $85,000 to $90,000. I hope it goes higher. I hope it can t…

The post Bitcoin Price Target for April Stands at $86K: Analyst Says appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Maximalist Michael Saylor Predicts XRP, ETH, BNB, and ADA to Never Have ETFs

Bitcoin Maximalist Michael Saylor Predicts XRP, ETH, BNB, and ADA to Never Have ETFs

The post Bitcoin Maximalist Michael Saylor Predicts XRP, ETH, BNB, and ADA to Never H...
May, 04, 2024
2 min read
by Coinpedia
Bitcoin’s long-term projections – Why you should look out for this key indicator!

Bitcoin’s long-term projections – Why you should look out for this key indicator!

Bitcoin is recovering on the charts, but there might be more good news for BTC in the...
May, 04, 2024
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